Washington Mutual demanda a la FDIC por 17 billones US$ + daños

Tendrá mucho,mucho cash.

http://www.bloomberg.com/news/2013-05-01/goldman-sachs-completes-sale-of-majority-of-reinsurance-business.html

WMIH tu nuevo futuro te aguarda... hip hip!! :) :)

Tenemos recorrido hasta $6... alguien parece estar engullendo todo a precios históricos.
Enhorabuena a los que supieron aguantar contra todo pronostico. Os lo mereceis.

...

Si seguimos así los $3 que pronostique pronto caeran... y que ganas tengo.

http://tinyurl.com/astockinvestor

Que lo disfruteis

Gracias Mr Simpson por tus aportes permanentes.

Seguimos adelante

J.P. Morgan Chase Sues FDIC Over Washington Mutual Claims

Bank Alleges FDIC Receivership Didn't Honor Obligations to Absorb Legal Claims

By Dan Fitzpatrick

Dec. 17, 2013 5:43 p.m. ET

http://online.wsj.com/news/articles/SB10001424052702304403804579264732267647904

J.P. Morgan Chase JPM -1.24% & Co. sued the Federal Deposit Insurance Corp. on Tuesday, alleging an FDIC receivership didn't honor its obligations to absorb legal claims stemming from the 2008 failure of Seattle thrift Washington Mutual Inc. WMIH +9.65%

The lawsuit, filed in a U.S. District Court in Washington, D.C., sets up a battle between the largest U.S. bank and a key U.S. regulator over what exactly was included in J.P. Morgan's frantic purchase of Washington Mutual banking operations on Sept. 25, 2008.

The fall of the Seattle thrift was the biggest banking failure in U.S. history, and the FDIC and J.P. Morgan have been tangling for the last five years over who is liable for lawsuits alleging misconduct on the part of Washington Mutual.

J.P. Morgan said in its lawsuit filed Tuesday that the FDIC pledged in a 39-page purchase agreement to protect it from such liabilities. The FDIC has said J.P. Morgan inherited those headaches.

J.P. Morgan is seeking an amount lower than the $2.7 billion remaining in the FDIC receivership that liquidated the thrift in 2008. The assets in the receivership should be "sufficient," J.P. Morgan said in its lawsuit, to cover a litany of claims ranging from a $1.1 billion settlement with mortgage-finance companies Fannie Mae FNMA -1.45% and Freddie Mac FMCC +0.78% to injuries sustained by a woman who slipped on a ceramic tile outside a Washington Mutual branch. J.P. Morgan also cited a series of claims from states alleging unpaid taxes.

The suit doesn't seek to reverse the terms of J.P. Morgan's recent $13 billion mortgage settlement with the Justice Department, which stipulated that none of the costs paid by the bank as a result of the pact would be passed to the FDIC.

Write to Dan Fitzpatrick at [email protected]